Whenever you fix a mortgage term, there is often a time where you may choose to remortgage.
If you choose to Remortgage in London, then our Mortgage Advisors in London will be able to help, they’ll look at your current deal and compare it against the ones already on the market to find the best deal that you’re able to switch to which will include much better interest rates.
If you’ve spoken to a Mortgage Broker in London such as ourselves then you will be sent a reminder around the 6 month mark just as your term is about to finish, this will allow you to be ahead of the process and sort out a great deal beforehand.
Those who have chosen a high rate for whatever reason at the start of their mortgage may be able to get a fantastic opportunity to switch onto a better rate which means they’re able to save money on such things as future monthly repayments meaning they will be better off.
It won’t mater what type of Remortgage Advice in London you require, our Mortgage Advisors in London will be here to see how we are able to help whatever your situation. We aim to upkeep the same marvellous service to all our customers so that each and every person who interacts with us enjoys their mortgage experience.
Whether you’re thinking of looking to fix your mortgage interest rate for a new fixed period, needing to Remortgage in London due to separating/divorce, or just want to raise money by remortgaging, we will make sure we’re here to help you through to the other end.
If we are unable to find you a better deal, or you’re better off with your current lender, then we will be sure to let you know and keep you updated with every step in the process but our Mortgage Advisors in London make sure to search through thousands of deals to be thoroughly sure as to whether there is a better rate for you or not and normally, there usually is.
Whether it’s to release equity, to get better rates, find a more appropriate deal or more, we’ll always do our best to ensure the process is quicker and smoother than the first time.
Contact us today to book your free remortgage consultation in London & see how we can help you.
We are here to help you. Get in touch with us today and make a date for your free mortgage consultation.
You have the option to Remortgage in London, as a means of increasing the size of your mortgage to pay off any unsecured debts that you may have. Bear in mind though, there are some downsides so do not to rush this. We recommend that Mortgage Advice in London is always obtained prior to consolidating debts.
When opting to take advantage of our initial free remortgage consultation in London, your appointment will normally last around one hour. During this time one of our Mortgage Advisors in London will work to compare new deals against your current mortgage, using this to recommend the most appropriate deal going forward, with no obligation to proceed. From this point, you’ll be able to decide whether or not you wish to accept and proceed with the mortgage or take a step back and re-evaluate your options some more.
The fees involved for your Remortgage will be similar to those involved when you started your current mortgage. Your dedicated Mortgage Advisor in London will be able to run through the fees with you, taking them into consideration when comparing the savings of the new deal versus your existing mortgage.
If you choose us as your Mortgage Broker in London, then our process will work as the following; One of our Mortgage Advisors in London will carry out a Fact Find to determine your, needs before recommending the most suitable mortgage available for you. A credit check will then be required for an Agreement In Principle. Once all the relevant documentation has been gathered and the valuation of the property has been undertaken, a formal mortgage offer can be issued.
If you are looking to achieve something like debt consolidation or home improvements, you may be able to get a second mortgage. The option for a second mortgage can also be used on a second property if you are looking at using it for yourself, a family member, a holiday home or a Buy to Let.
Obtaining a mortgage if you have had previous credit problems isn’t completely impossible, but you may face certain hurdles, such as some lenders requiring that you put down a higher deposit than usual, perhaps 15% of the property purchase price.
Three payslips are generally what is required for an employee to prove their income and if you are Self-Employed, it’s usually the latest 2 years’ accounts. You will also need to produce some proof of ID, your address and the latest 3 months’ bank statements.
If you are on your Lenders Standard Variable Rate (SVR) of Interest, taking out a Remortgage will allow you to potentially save some money. Your dedicated mortgage advisor will be able to compare the new products available against the mortgage deal you’re currently on, in order to figure out what these savings may be. If you have some amount of equity in your property, a Remortgage would also allow you to release a portion of this money, if you need it. We often find that home improvements is a popular reason for this.
An initial telephone call where we take some details and look at your Remortgage plan.
A discussion about your personal requirements. You already own the property this time around, you can avoid the property chain!
We will search and compare 1000s of products to find you the most appropriate deal.
Application stage - We'll ensure everything goes smoothly with the lender. You'll have our support from your initial contact right through to when your remortgage process has completed.
A telephone call where we can take some initial details and find out about your plan of action.
Enjoy finding a property!
Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.
Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.
